View more on these topics

ifs DipFA approved at FSA definition of level four

The ifs School of Finance says Ofqual has formally approved amendments to its level four diploma for financial advisers, designed in response to the FSA’s retail distribution review.

The ifs says the modification ensures that DipFA satisfies the FSA’s requirement for all elements of the qualification to be at level four and for the qualification to cover the core learning identified by the FSA.

It adds that when the Financial Services Skills Council has completed its revision of the standards, any gaps identified can be filled through continuing professional development, as part of the FSA’s no-regrets policy.

The ifs says advisers who have already started to study for the DipFA or are registered for the next session have been informed of the changes.

It adds that there will be an additional element to the programme that all students will need to pass. The ifs says there will not be any additional cost for students already on the programme.

ifs School of Finance dean of further education Anne Kiem says: “We are very pleased to be able to assure advisers that this qualification satisfies the change in the requirements announced by the FSA. The approach we have taken has clearly already struck a chord across the adviser community. It deepens understanding of additional core content while at the same time focusing on the key professional skills relating to appropriate communication and behaviour with the client.

“Strong interest is being shown in the DipFA, with advisers keen to develop further their awareness and understanding, and expand their skills-base.”


Advisers are warned to reassess wrap portfolios

Thomas and Thomas managing director Darren Lloyd Thomas is warning other advisers against setting up clients on wraps and then failing to rebalance portfolios on a regular basis.


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm